Brazil’s Embraer estimates demand of 3,010 aircraft of up to 150 seats in the next 20 years in Asia-Pacific

8 February 2018

Airlines from the Asia-Pacific region are expected to order 3,010 new aircraft in the segment up to 150 seats in the next 20 years, which represents 29% of world demand in the period, according to the market forecast released on Wednesday by Embraer Commercial Aviation at the Singapore Air Festival.

Embraer said that the Asia-Pacific region, which has experienced rapid economic and social development over the last few decades, will see an increase in household income over the next 20 years, with a consequent increase in extraordinary expenses such as air travel, due to the fact that the economy should continue to grow at an estimated rate of 3.9%.

“A great opportunity in the region for E-Jets is the replacement of old airplanes that will be targeted for replacement in the near future, a segment in which there are more than 250 jets in the category of 50 to 150 seats that are more than 10 years old,” the Embraer statement said.

Embraer, which is the world’s largest manufacturer of aircraft with up to 150 seats, operates in the commercial, executive, defence and security and agricultural aviation segments, having produced more than 8,000 aircraft since it was founded in 1969. (macauhub)